⚡️ @Coinbase announces acquisition of on-chain payments platform @Utopialabs_

Coinbase has bought Utopia Labs, a platform for individuals and protocols to manage payments in crypto, particularly stablecoins. Through this move, Coinbase aims to build out the cryptocurrency exchange’s on-chain payments infrastructure. Moreover, Utopia Labs’ team will join @Base, Coinbase’s layer 2 scaling network, to help accelerate the on-chain payments roadmap within @CoinbaseWallet.

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